PLUTUS
PlutusDAO
$0.02199
0.00%
PlutusDAO
PLUTUS
$0.02199
0.00%
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About PlutusDAO
PlutusDAO (PLUTUS) is a DeFi protocol on Arbitrum, aiming to centralize governance for Layer 2 projects and enhance liquidity. It offers plsAssets for governance and liquidity, and plvAssets as vault products. The PLS token's tokenomics include components like vote-locked PLS and escrowed PLS (esPLS), influencing governance, fees, and rewards. PlutusDAO's creation is attributed to a decentralized community approach, characteristic of DAOs.
PlutusDAO (PLUTUS) is a decentralized finance protocol on the Arbitrum network, focusing on governance aggregation and enhancing liquidity and rewards. It is designed to become a major governance platform for Layer 2 projects, particularly those involving veTokens. PlutusDAO offers products such as plsAssets, for governance aggregation and liquidity maximization, and plvAssets, which are vault products aimed at maximizing rewards and user convenience.
The native token of PlutusDAO, PLS, underwent a complete revamp in its tokenomics as of July 14, 2023. The new system includes vote-locked PLS, vote-locked PLS-WETH, staked multiplier points, and staked escrowed PLS (esPLS), which contribute to a user's bPLS balance. This balance affects their share of bribes, protocol fees, voting power, fee discounts, and boosting capabilities within the ecosystem. esPLS is a non-liquid token used for staking and vesting over a year.
The specific creators or founding team of PlutusDAO were not identified in the available sources. It operates as a DAO, implying community-driven governance and decision-making processes.
The official PlutusDAO ticker is “PLS” and trades under that name on all the exchanges where it has been listed. The designation “PLUTUS” is for CryptoCompare.com only.
